top of page

DeFi bubble and the Hacks

After another DeFI bubble exploded couple of days ago the next big hack is taking a step to normalize the hype. $24million have been stolen from DeFI platform #Harvest

They used the extracted funds to exchange into renBTC a stablecoin backed by bitcoin and exit into bitcoin.

Harvest’s hack comes just six weeks after an attacker made off with $8.1 million in bitcoin from another defi protocol, Bzx. However, Bzx managed to recover the funds.

11 views0 comments

Recent Posts

See All

DeFi is near end ?

Cred Files for Bankruptcy Following Fraud Incident The suspended deposits and withdrawals were related to the company’s popular service called CredEarn, which allows crypto holders to deposit their cr


bottom of page